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U. of London Drops Plan to Sell Early Folios of Shakespeare

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The University of London has abandoned a plan to auction off an early set of Shakespeare, The Guardian reported. The university has been defending the plan, noting that it needs more money to preserve and grow its collection of historic documents, and that it has other early editions of Shakespeare. But criticism from academics has been intense, and was cited by university leaders in calling off the plan. "The university has decided to focus its attention on examining alternative ways of investing in the collection. The money raised from any sale would have been used to invest in the future of the library by acquiring major works and archives of English literature," said Adrian Smith, the vice chancellor.